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Author Topic: Want to buy 1.1 M  (Read 4069 times)

SwissAlps

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Want to buy 1.1 M
« on: August 20, 2014, 06:23:59 am »

Hello guys,

I want to buy 1.1 M

Following conditions apply :
  • seller must be located in Europe
  • minimum block size 200'000 NXT
  • using fiat only (EUR, CHF or USD), so please quote your offers accordingly (no BTC !)
  • will only consider offers from NXT-...  accounts showing the necessary balance !i
  • if needed, possible use of escrow, like Anon or DomP

Not in a hurry (long term investment), so think about it calmly and PM me your offers...



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noitev

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Re: Want to buy 1.1 M
« Reply #1 on: August 20, 2014, 06:48:26 am »

Why not buy BTC and NXT wit that?

superresistant

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Re: Want to buy 1.1 M
« Reply #2 on: August 20, 2014, 08:30:17 am »


If the Nxt price was higher I would have sold you 200K.

SwissAlps

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Re: Want to buy 1.1 M
« Reply #3 on: August 20, 2014, 05:39:57 pm »

Why not buy BTC and NXT wit that?
NXT is supposed to replace one day BTC, so we all hope; let us start today...
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noitev

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Re: Want to buy 1.1 M
« Reply #4 on: August 20, 2014, 08:08:21 pm »

Why not buy BTC and NXT wit that?
NXT is supposed to replace one day BTC, so we all hope; let us start today...

by that logic, why use fiat? just use it interim if you want it quicker and easier, just advice

Ludom

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Re: Want to buy 1.1 M
« Reply #5 on: August 20, 2014, 09:51:31 pm »

Where is cheap NXT for 1.1 M on BTER...
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #6 on: August 21, 2014, 04:38:04 am »


If the Nxt price was higher I would have sold you 200K.

Thanks. I believe it will soon be the case, so just feel free to PM me when the time has come.
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #7 on: August 21, 2014, 05:07:31 am »

Why not buy BTC and NXT wit that?
NXT is supposed to replace one day BTC, so we all hope; let us start today...

by that logic, why use fiat? just use it interim if you want it quicker and easier, just advice

Of course, you are perfectly right, it is the easiest way, but :

1. Big orders do not fit well with exchanges

Suppose I am a wealthy investor, want to get an action in NXT and want a 50M stake; what do you think would happen if I put a buy order
in BTER (although some people have found other ways to get it); in real life, these kind of big transactions are not done via exchanges, but
privately, directly between the interested parties.

Of course, the forum and the PM messages are not the best way either; first, big whales do not necessarily read what happens there; second,
the info is not centralized, could be everywhere, for instance in the GeneralDiscussion Speculation thread, etc...

I believe the best way would be to use the blockchain AM messages, with a format like this :

  WantToBuy 1.1M   
  WantToBuyChange 2M
  DoNoWantToBuyAnymore
  WantToSell 1.1M
  DoNotWantToSellAnymore


the benefits of this, it is totally decentralized, and we can directly see what account is concerned, and in case of sell,
check that the balance is there (avoid spam)...

The responses can be encrypted AM messages, this would make sure that everything stays anonymous (this is not the case with the forum and PM messages).

2. Anonymous cash-NXT transactions

If you use the messages on the blockchain, and via the encrypted messages, have found a counterparty, then
you can easily set a private transaction. Privacy is important for some people (not for me, in this case), we should propose easy tools that
help preserve this nice feature of cryptocurrencies.
 
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jl777

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Re: Want to buy 1.1 M
« Reply #8 on: August 21, 2014, 05:11:33 am »

Why not buy BTC and NXT wit that?
NXT is supposed to replace one day BTC, so we all hope; let us start today...

by that logic, why use fiat? just use it interim if you want it quicker and easier, just advice

Of course, you are perfectly right, it is the easiest way, but :

1. Big orders do not fit well with exchanges

Suppose I am a wealthy investor, want to get an action in NXT and want a 50M stake; what do you think would happen if I put a buy order
in BTER (although some people have found other ways to get it); in real life, these kind of big transactions are not done via exchanges, but
privately, directly between the interested parties.

Of course, the forum and the PM messages are not the best way either; first, big whales do not necessarily read what happens there; second,
the info is not centralized, could be everywhere, for instance in the GeneralDiscussion Speculation thread, etc...

I believe the best way would be to use the blockchain AM messages, with a format like this :

  WantToBuy 1.1M   
  WantToBuyChange 2M
  DoNoWantToBuyAnymore
  WantToSell 1.1M
  DoNotWantToSellAnymore


the benefits of this, it is totally decentralized, and we can directly see what account is concerned, and in case of sell,
check that the balance is there (avoid spam)...

The responses can be encrypted AM messages, this would make sure that everything stays anonymous (this is not the case with the forum and PM messages).

2. Anonymous cash-NXT transactions

If you use the messages on the blockchain, and via the encrypted messages, have found a counterparty, then
you can easily set a private transaction. Privacy is important for some people (not for me, in this case), we should propose easy tools that
help preserve this nice feature of cryptocurrencies.
I am designing tradebots to be able to do things like this.
You say, "Buy/Sell X amount with target price of Y, but no worse than Z"
of course not in english, but with numbers to a tradebot.
it would then do what it can to proactively put offers, to achieve this

The advantage is that it only has to disclose some minimal info as to your high level trade desire. With small markets, just knowing there is a big buy moves the market. So the bot with patiently wait for the right price, make small volume bids, but 24/7 until your high level order is filled.

I think this would be quite useful for people too busy to personally trade the markets

James
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #9 on: August 22, 2014, 06:31:13 am »

I am designing tradebots to be able to do things like this.
You say, "Buy/Sell X amount with target price of Y, but no worse than Z"
of course not in english, but with numbers to a tradebot.
it would then do what it can to proactively put offers, to achieve this

The advantage is that it only has to disclose some minimal info as to your high level trade desire. With small markets, just knowing there is a big buy moves the market. So the bot with patiently wait for the right price, make small volume bids, but 24/7 until your high level order is filled.

I think this would be quite useful for people too busy to personally trade the markets

James

These tradebots would be one of the best features to be implemented, not for traders but for people who see NXT as long term investment (these times, it looks like speculation  :(). It is the same as suppression of part of the orderbook; orderbooks have been, and still are, abused by HFT; plain standard players look at the orderbook, put their orders in it, and millisecond after that, the orders the guy has been counting on to do his trade just vanish, like a mirage...

Some questions though :
  • about confidentiality of the data that stays in the tradebot
  • is there something like an early description, and may be a release date for it ?
  • how can we solve the cash only problem in point 2
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jl777

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Re: Want to buy 1.1 M
« Reply #10 on: August 22, 2014, 06:50:29 am »

I am designing tradebots to be able to do things like this.
You say, "Buy/Sell X amount with target price of Y, but no worse than Z"
of course not in english, but with numbers to a tradebot.
it would then do what it can to proactively put offers, to achieve this

The advantage is that it only has to disclose some minimal info as to your high level trade desire. With small markets, just knowing there is a big buy moves the market. So the bot with patiently wait for the right price, make small volume bids, but 24/7 until your high level order is filled.

I think this would be quite useful for people too busy to personally trade the markets

James

These tradebots would be one of the best features to be implemented, not for traders but for people who see NXT as long term investment (these times, it looks like speculation  :(). It is the same as suppression of part of the orderbook; orderbooks have been, and still are, abused by HFT; plain standard players look at the orderbook, put their orders in it, and millisecond after that, the orders the guy has been counting on to do his trade just vanish, like a mirage...

Some questions though :
  • about confidentiality of the data that stays in the tradebot
  • is there something like an early description, and may be a release date for it ?
  • how can we solve the cash only problem in point 2
the tradebot is local to your node, so unless you share it with someone or get hacked, nobody else will know your instructions to the tradebot
I am also going to make a framework for tradebot writers to be able to publish profit making bots for investors to use and they will share profits, no profits, not payments.

I have the Turing complete scripting language done, it is called "C", a few millions of coders exist for this language and I was just adding external libraries for it when Teleport idea came to me, I have some few specifications in NXTcoinsco/Tradebots thread, but the best place to follow this would be in the BTCD thread https://bitcointalk.org/index.php?topic=684090.0

Teleport solves the anon problem and your assumption that current crypto is anonymous is incorrect, current crypto is totally transparent. The tradebots will be able to trade privately.

I am close to releasing Teleport functionality into testing and NXT will be bundled with every installation of BTCD. I made recommendation to get some when it was less than 5% current price, and with less than $3 mil marketcap, there is still a lot of rapid price gains possible in the medium term, if I get the tech done

James
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #11 on: August 22, 2014, 07:05:32 am »

James, thanks for these infos. I very much appreciate...
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #12 on: October 15, 2014, 11:12:45 am »

Hello guys,

I want to buy 1.1 M

Following conditions apply :
  • seller must be located in Europe
  • minimum block size 200'000 NXT
  • using fiat only (EUR, CHF or USD), so please quote your offers accordingly (no BTC !)
  • will only consider offers from NXT-...  accounts showing the necessary balance !i
  • if needed, possible use of escrow, like Anon or DomP

Not in a hurry (long term investment), so think about it calmly and PM me your offers...


This offer to buy 1.1 M is still valid.

The current coinmarket.cap shows NXT as having a market value of $ 24,421,729 (that is 19,314,876 EUR).

I may consider offers with better rates for the seller, so if you need to reduce your current exposure to the Nxt market, don't hesitate to PM me.

The conditions have been updated and are now as follows :
  • seller must have a receiving SEPA bank account denominated in EUR
  • minimum transaction size 50 EUR
  • please quote your offer in EUR
  • will only consider offers from NXT-...  accounts showing the necessary balance !
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #13 on: October 19, 2014, 05:57:16 am »

WTB 1 Million NXT @ 6000 Satoshi = 60 BTC.

Looking for single reputable seller. I will send first in batches.

Will buy more if discount.

https://www.ccedk.com/vip

Bravo CCEDK, that's exactly what we are looking for !  I will email you.
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pf

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Re: Want to buy 1.1 M
« Reply #14 on: October 19, 2014, 09:30:00 pm »

I have the Turing complete scripting language done, it is called "C", a few millions of coders exist for this language and I was just adding external libraries for it when Teleport idea came to me
lulzzzz
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #15 on: October 22, 2014, 06:22:39 am »

ONE MILLION NXT .   POINT  .  HUNDRED THOUSANDS

Now a little in hurry, NXT is shooting soon upwards.

Will consider all offers, even if some are a little expensive.
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bellastella

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Re: Want to buy 1.1 M
« Reply #16 on: October 29, 2014, 01:09:14 am »

i don't think NXT will ever replace BTC, but hopefully it will rise in value.
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #17 on: October 29, 2014, 07:01:01 am »

i don't think NXT will ever replace BTC, but hopefully it will rise in value.
Hello bellastella,

BTC has a big problem that NXT doesn't have, the forgers. And this problem will stay.

It doesn't mean that NXT will succeed; there are so many other coins, it's like a race; but for the moment, NXT seems to have good chances.
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CryptKeeper

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Re: Want to buy 1.1 M
« Reply #18 on: October 29, 2014, 07:58:55 am »

FYI:
There are over 160000 NXT to buy for euro at ccedk.com ATM!
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SwissAlps

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Re: Want to buy 1.1 M
« Reply #19 on: October 30, 2014, 06:31:18 am »

FYI:
There are over 160000 NXT to buy for euro at ccedk.com ATM!

Hi CryptKeeper,

Thanks for the info, I know that CCEDK is very nice; but for the moment, I am just trying new paths for FIAT to NXT, just for fun.
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